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On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The be mature on September

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On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The be mature on September 30, 2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannual March 31 and September 30. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of S1 and PVAD 051) (Use appropriate factaru tables provided.) Required: Determine the price of the bonds on September 30, 2021. (Enter your answers in whole dollars. Round your finnlenswer whole dollar amount.) Table values are based on: n 40 5% Cash Flow S Interest Amount Present Value 4,000,000 $ 68,636.400 100,000,000 14,200,000 $ 82 836,400 Principal S Pnce of bonds

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